Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMBER WORKS from Heist-op-den-Berg, company number BE0840141942, closed financial year 2025 with a result of € -84,464 after tax. For that financial year TIMBER WORKS recorded a gross margin of € 200,480 and equity of € -80,677. Compared with financial year 2024, the result moved from € 46,869 to € -84,464. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ -80,677
▼ € 84,464 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,464
▼ still € 46,869 profit in 2024
Profit after tax over the fiscal year.
€ 27,000
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -806,927.
People and assets in 2025
2.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 150,478
▲ 1% vs 2024
€ 62,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,388
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 545,257
▼ 6% vs 2024
€ 31,819 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 328,208
▲ € 287,379 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,967
▲ € 12,133 vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 444,671 | € 80,599 | € 330,605 | € 200,480 | ▼ 39% |
| Profit after taxes | € 119,780 | € -213,632 | € 46,869 | € -84,464 | ▼ € 131,332 |
| Equity | € 170,550 | € -43,082 | € 3,787 | € -80,677 | ▼ € 84,464 |
| Total debts | € 957,507 | € 737,125 | € 775,533 | € 914,871 | ▲ 18% |
| Cash | € 30,541 | € 6,450 | € 30,717 | € 27,000 | ▼ 12% |
| Land & buildings | € 941 | € 706 | € 471 | € 235 | ▼ 50% |
| Retained profit | € -555,700 | € -769,332 | € -722,463 | € -806,927 | ▼ € 84,464 |
| Bank debt | € 470,896 | € 462,934 | € 581,999 | € 545,257 | ▼ 6% |
| Balance sheet total | € 1,128,057 | € 694,043 | € 779,320 | € 834,195 | ▲ 7% |
| Employees (FTE) | 3.3 | 3 | 3 | 2.4 | ▼ 0.6 |
Key figures of TIMBER WORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TIMBER WORKS?
What happened at TIMBER WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 84,464 (▼ € 131,332 vs 2024). Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
- WIM DIELTJENS became a director. NBB
- PETER NAETS became a director. NBB
In short
From € 119,780 profit in 2022 to € 84,464 loss in 2025.
Paid € 3,449 in corporate taxes since 2022.
Best year ever: 2022, with € 119,780 profit.
On average € 83,500 of value added per employee in 2025.
A new publication or filing at TIMBER WORKS? We notify you, reason included.
Follow TIMBER WORKSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Dakwerken V. DIELTJENS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIMBER WORKSBehind TIMBER WORKS are WIM DIELTJENS and PETER NAETS. The shares are held by Dakwerken V. DIELTJENS (75%).
Directors
According to the 2025 annual accounts
WIM DIELTJENS
Director
Also active at: Dakwerken V. DIELTJENS, IMMO-V.D., D.W. Construct, D.W. ROOF CONSTRUCT, D.W. INVEST
since 2011
PETER NAETS
Director
Also active at: Dakwerken V. DIELTJENS, PETER NAETS, D.W. Construct, Spectre, D.W. ROOF CONSTRUCT, D.W. INVEST
since 2011
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tuindijk 31 box A
2223 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0840.141.942
- VAT number
- BE 0840.141.942
- Registered office
- Tuindijk 31 bus A, 2223 Heist-op-den-Berg
- Names & denominations
- TIMBER WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2011
- Peppol
- Active · Active since 12 Nov 2025
- Contact
- timberworks.be
- Activities · NACE
Vervaardiging van ander schrijn- en timmerwerk
Groothandel in hout
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Detailhandel in houten bouw- en tuinmaterialen